NATIONAL BANK OF N.Z. LTD.
INTERIM DIVIDEND
The general manager of the National Bank of New Zealand Limited, announces payment on January 3rd of the interim dividend for the half-year ended September 30th last at the rate of--12 per cent, per annum, free ot tax. This is the same as for the corresponding period of last year. This bank shows its capital and reserves as under:—' , •• £ Subscribed ■ : ... ..... 6,000,000 Paid up capital ' ; 2,000,000 Reserve fund (invested in Government securities) 2,000,000 Reserve - liability of shareholders 6,000,000 ' £10,000,000 And in addition threre are undivided profits carried forward of 174,171 In the last balance-sheet its liquid assets stood at £6,261,000, which are, equivalent to 42 per cent., or 8s 5d in the £, of total’ liabilities to the public, arid for every. £1 of, its own funds the bank is holding only £3 11s 6d of the'-public’s money; which is an exceptionally" strong position.
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Hokitika Guardian, 2 January 1931, Page 3
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149NATIONAL BANK OF N.Z. LTD. Hokitika Guardian, 2 January 1931, Page 3
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